SOURCE: Altus

Altus

August 18, 2009 09:00 ET

Inc. Magazine Ranks Altus Among Fastest Growing Private Companies

Honor Marks Altus's Second Consecutive Inc. 5000 Ranking, Testifying to the Strength of the Company's Leading Searchable-Video Management Software

CAMPBELL, CA--(Marketwire - August 18, 2009) - Inc. Magazine has named Altus, a leader in video-on-demand solutions for sales enablement and enterprise knowledge sharing, one of the 5000 fastest-growing private companies in the country. The Inc. 5000 list takes a comprehensive look at American entrepreneurs and honors their contribution to the growth of the economy. The honor marks Altus's second consecutive appearance on the list.

Altus's growth has been powered by delivering a searchable video management solution for sales enablement, training, and knowledge transfer to a range of category-leading global firms, including Cisco, GM and IBM. Altus delivers customers significant ROI, enabling them to share knowledge with geographically dispersed audiences by greatly reducing the need for in-person events. Capturing corporate content ranging from basic web conferences to fully produced sales kick-offs, the company's searchable-video management software makes that content available on demand from a rich media portal and searchable down to the spoken word. The Altus solution captures the collective intelligence of organizations and delivers it to employees, customers and partners whenever and wherever they need it -- on their computers, iPhones, BlackBerrys or other mobile devices.

"Respected global organizations continue to rely on Altus as a key enabler of their continued growth," said Ted Cocheu, Altus CEO. "Now more than ever, enterprises need to maximize their sales effectiveness, making subject matter expertise available anytime, anywhere, in pursuit of maintaining a competitive advantage. Altus enables companies to achieve these goals while substantially reducing their cost of sales."

The 2009 Inc. 5000 serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies, can be found at www.inc500.com.

"Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate," said Inc. 5000 project manager Jim Melloan. "That's why our list is so eagerly anticipated every year."

Methodology

The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit Inc. online at Inc.com.

About Altus

Altus is a leading provider of video search and management systems. Altus enables users to capture, share and search video content down to the spoken word. Organizations deploying Altus for sales enablement, training, collaboration, or knowledge sharing can deliver critical knowledge to large, geographically-dispersed audiences, including employees, partners and customers. Accessible on demand through a rich media portal, searchable content can be instantly accessed and easily reused. Altus SaaS-based (Software as a Service) solutions provide sales organizations the means to use searchable video content to improve their sales effectiveness. Global giants such as Cisco, GM, IBM, NetApp, and Oracle rely on Altus to achieve outstanding ROI, substantial productivity gains, and millions of dollars of savings in reduced travel and training costs. More information is available at http://www.altuscorp.com.

Contact Information

  • Editorial Contacts:

    Tim Hughan
    Altus Learning Systems
    (408) 884-1480
    Email Contact

    Gary Good
    Trainer Communications
    (707) 837-1718
    Email Contact